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Avoiding taxes for corporations most often involves pouring money into projects, which in turn creates jobs, which in turn puts money into peoples hands. Of cou
by ActorNightly 6y ago
Avoiding taxes for corporations most often involves pouring money into projects, which in turn creates jobs, which in turn puts money into peoples hands. Of course this is not an issue for big companies that have the capital to do this.
This is arguably a more efficient transfer capital rather than raising taxes and then dealing with bipartisan political entities in the most efficient use.
Id also point out that the new tax policy also raises wealth tax by a significant amount. Also, its probably better to deal with wealth tax on a state by state basis, since this in turn forces the development of generally low tax areas since its favorable for people to move there (like all the companies setting up shop in Austin right now, which in turn raised the wealth of anyone there who owns a house by close to 100k at this point)